Overpayments

Overpayments are transactions where a customer accidentally pays you too much, or you mistakenly overpay a supplier. You can allocate the overpayment to another invoice or bill, or organise a refund.

Overpayments are not payments on intended future work and do not attract tax. Once you've recorded the overpayment, you can view the transaction in your bank account in Xero.

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